Khazna closes seed funding round led by Algebra Ventures

Egyptian FinTech Khazna has announced that it has raised seed money in a new round led by venture capital firm Algebra Ventures.

The mobile financial services platform was set up in 2019 and launched to provide money to 20 million underbanked Egyptians, according menabytes.

Its first product is Khazna HR, a salary cash advance app enabling employers to offer their staff money in advance.

Copyright © 2020 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.